Athelstone

POSTAL CODE: SA, 5076
HOUSE

Property investors have seen a 1.22% gain in ATHELSTONE based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains ATHELSTONE, 5076 saw average growth in the long term.

The SA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $957,000

Profits averaged 8.67% per annum over a 3-year period, due to an upward trend in home prices in ATHELSTONE, 5076.

This means, real estate investors could earn a rental income of $620 based on current median home prices for the suburb.

The gross rental yield in ATHELSTONE, 5076 is 3.37%.

An average of 12.17 real estate transactions take place per month in ATHELSTONE which translates to 146 per annum.

Surburb overview

Athelstone, located approximately 12 kilometres northeast of Adelaide's central business district, is a picturesque suburb nestled at the base of the Adelaide Hills. It falls within the City of Campbelltown, a local government area known for its leafy suburbs and strong community atmosphere. The suburb has a population of around 9,000 residents, with a demographic mix that includes families, professionals, and retirees, drawn by the suburb's natural beauty and proximity to the city.

Public transportation in Athelstone is well-serviced by Adelaide Metro buses, providing residents with convenient access to the Adelaide CBD and nearby suburbs. The suburb is also well-connected by major roads, including Gorge Road and Lower Athelstone Road, which offer direct routes to the city and the surrounding hills. This makes commuting by car a practical option for those working in the city or nearby areas.

Athelstone is known for its green spaces and natural surroundings, with the nearby Black Hill Conservation Park and Morialta Conservation Park offering residents opportunities for bushwalking, birdwatching, and enjoying the outdoors. The suburb's location at the edge of the Adelaide Hills provides a tranquil setting with easy access to hiking trails and picnic spots, making it a haven for nature lovers.

The suburb is home to several amenities, including the Athelstone Shopping Centre, which features a supermarket, specialty shops, and dining options that cater to the needs of the local community. Educational facilities in Athelstone include Athelstone Primary School and St Ignatius College, providing a range of educational options for families. The suburb also has several childcare centres and early learning facilities, making it a popular choice for young families.

Recreational activities in Athelstone are centered around its parks, reserves, and community facilities. The Athelstone Recreation Reserve and the River Torrens Linear Park offer residents ample space for outdoor activities such as walking, cycling, and sports. The suburb also has a strong community focus, with local events and activities held regularly, fostering a close-knit community spirit.

Athelstone’s combination of natural beauty, convenient amenities, and easy access to both the city and the Adelaide Hills makes it a highly desirable suburb for those seeking a peaceful yet connected lifestyle. The suburb’s leafy streets, large residential blocks, and family-friendly environment continue to attract residents who value a balanced lifestyle in one of Adelaide’s most scenic suburban areas.

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